What is einvoicing?
Electronic invoicing or e-invoicing is the automated creation, exchange, and processing of invoices between suppliers and buyers using a structured digital format.
This means no more paper- or pdf invoices, less manual processing efforts, and faster payments.
Watch the video below to get the first impression of e-invoicing.
e-Invoicing with eInvoice.sg is as simple as sending and receiving emails.
Singapore has, as the first country in Asia, decided to adopt an electronic invoicing standard called Peppol.
This standard allows companies and organizations to exchange invoices via a single network while being flexible on how to connect to this network.
Companies connect to the network via an Access Point like eInvoice.sg and are then able to send and receive electronic invoices.
Your Access Point will route your invoices through the Peppol network to the recipient and forward all your vendors' invoices to you.
You can connect to the Access Point directly from your ERP or accounting system or use our Web-Portal to create and receive invoices.
Since Singapore joined the Peppol-network, Australia and New Zealand have joined as well, and other countries like Malaysia, Vietnam, and Thailand will follow soon.
Open standard intended to bridge interoperability across different business solutions.
The technical and legal framework at national and international levels – IMDA in charge of Singapore.
Participants connect to one Access Point and they are connected to all participants on the network.
The e-invoice delivery charges are generally expected to be low. Access Points charge based on value-added services.
The same network will in the future also support the delivery of catalogs, PO and DO.